BREAKING: Wyc Grousbeck will no longer serve as governor of the Boston Celtics as part of the franchise’s monumental $6.1 billion sale to Bill Chisholm. This decision, confirmed by sources to ESPN, marks a significant shift in the team’s leadership structure just ahead of the sale’s expected completion within the next week.
Despite stepping down from the governor role, Grousbeck is set to retain his position as CEO and will act as an alternate governor after the sale is finalized. When the sale was first announced in March 2023, it was stated that Grousbeck would continue in both roles through 2028, creating a surprise around this latest development.
The NBA’s Board of Governors has been informed that Chisholm will now assume the governor title moving forward. This transition indicates a new era for the Celtics, who have a storied history marked by 18 NBA titles, the most in league history. The Celtics trail only the New York Yankees (27) and the Montreal Canadiens (24) in championships across all major North American sports leagues.
Grousbeck’s family led the group that purchased the Celtics in 2002 for just $360 million. Initially, Grousbeck expressed his willingness to support Chisholm by remaining as governor and CEO for the next three seasons, stating he was “glad to do so.” As Chisholm and his wife, Kimberly, prepare to take the reins, they are expected to adopt a hands-on approach to engage with the Boston community.
As this situation unfolds, fans and stakeholders alike are eager to see how Chisholm’s leadership will shape the future of the Celtics. Stay tuned for further updates on this developing story, as the sale is set to conclude imminently, reshaping the landscape of one of the NBA’s most iconic franchises.
